Steel Products Prices North America
March 22, 2022
U.S. Steel Production: Weekly Ebb and Flow Continues
Written by David Schollaert
Raw steel production by U.S. mills moved back up last week, pushing utilization rates back above the 80% mark. Domestic output totaled 1,742,000 net tons in the week ending March 19, while mill capacity utilization was 80.2%, reported the American Iron and Steel Institute.
U.S. output edged up 0.3% compared to the prior week but was 1.5% below the same year-ago period when production was 1,768,000 net tons. Mill capacity utilization last week saw a 0.3 percentage point increase from the prior week but was still 2.2 percentage points above the same period one year ago.
